"Encryption Tsar" David Sacks: Believes that there is hope for legislation on the encryption "market structure" this year.

GateNews

2025-10-23 04:48:14

PANews, October 23 - David Sacks, the “czar” of artificial intelligence and cryptocurrency affairs in the United States, stated that he met with members of the Senate Banking GOP and Senate Ag GOP on Capitol Hill and thanked Chairmen Tim Scott and John Boozman for their hospitality; he also held discussions with Democratic members, expressing optimism for passing cryptocurrency “market structure” legislation this year to provide regulatory clarity. He mentioned that it would be based on the “Genius Act” signed earlier by President Trump, with White House Crypto Council Executive Director Patrick J. Witt in attendance.

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